Multigenerational Homes Are on the Rise – Jessica Couch

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Multigenerational Housing on the Rise The trend in multigenerational housing is continuing and increasing, according to studies done by the Pew Research Center, In fact, there are now a record number of 64M people living in multigenerational households. Imagine having both privacy and togetherness. Both independence and help nearby when needed.

Why are multi-generational homes on the rise? Ten years ago, multi-generational households were down to 2.6%. When the economy imploded during the Great Recession, this percent grew to about 3.3%, and remains high today with some 50 million Americans living in multi-generational homes.

Tips for First-Time Home Buyers Buyers need a basic overview. This is especially true for first-time home buyers who aren’t familiar with the process. Bear in mind that the steps in the home buying process can vary from state to state, depending on local custom.

Multigenerational housing is making a comeback. In 1940, nearly a quarter of the country lived in a home that included more than two generations. Those numbers hit an all-time low in the 1980s. A 2011 study by Generations United revealed that number has risen since the recession to 17 percent.

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Whether in transition or out of convenience, multi-generational homes have been rising in popularity with an astounding 60.6 million people or 19 percent of the U.S. population living with.

Multi-generational housing design, however, may be a little late catching up to this trend. The last recession saw a spike in Millennials living at home with parents. And if many family members and friends are simply living together to share expenses, the result is a crowded situation where privacy concerns cannot be met.

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Now, five years later, zestfully alive at 39, she wonders what she could do, if she could go back in time, to save her despairing self, living sullen and combative in her Olathe home. She knows.

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